Sheep Coin V2: A Blockchain-Based Game Economy
Liquidity Generation Event (LGE)
- Buy Sheep Coin at a 1:1 ratio with Sonic Token.
- Mint Wolves at a discount.
- Minters can elect to donate some SHEEP to an Airdrop.
- During the presale, all wS tokens will be sent to Silo Finance to earn APR.
- The Sonic Token USD value doesn't matter; only the quantity counts.
- 95% of Sonic Tokens from pre-sale provide liquidity for SHEEP Coin.
- The liquidity pool will be available on the Equalizer DEX.
- This liquidity pool will be locked approx. 2 weeks after LGE closes.
- After the game goes live, there will never be more SHEEP2 minted.
Once live, Sheep Coin trades at market value based on supply and demand.
Using Sheep Coin
Minting Wolf NFTs
- Wolf NFTs cost 150 SHEEP coins, but 100 SHEEP during the presale.
- Presale wolves do NOT starve for 2 years, if they don't eat.
- All Sheep Coins used are burned permanently.
- Minting also requires Sonic Tokens (100 wS per Wolf in both phases).
Wolf NFT Mechanics
- Wolves consume SHEEP daily based on their hunger level.
- Wolves can eat from multiple wallets or the LP to satiate their hunger.
- A Wolf that doesn't eat its total hunger will not level up its hunger level.
- A Wolf that doesn't eat for 7 days starves and becomes useless.
- Starved wolves are non-transferable.
- If a Wolf eats from the liquidity pool, 100% of the SHEEP are burned.
- If a Wolf eats from a wallet (its own or someone else's): 25% goes to wolf owner and 75% are burned.
- Wolves are rewarded 10% when eating from LP, if there is an eviction buffer.
Protecting Sheep from Wolves
Sheep Dog Protection
- Sheep can be deposited into the Sheep Dog for protection.
- There are two tiers with different max deposits. Tier 1 - 10K SHEEP, Tier 2 - 30K SHEEP.
- Sheep Dog costs you 6wS for tier 1, or 10wS for tier 2, per day, and is due WEEKLY.
- To withdraw, players must activate sleep mode, wait 2 days, and pay any due rent.
- Players that do NOT pay their weekly rent on time will have all their SHEEP evicted and given as reward for wolves eating from the LP (YOU LOSE THEM ALL).
Sheep Dog Rewards
- Deposited SHEEP earn rewards through Annual Percentage Rate (APR).
- Rewards come from Rent Paid and Wolf Mints are used to buy SHEEP from the market and given as APR to ALL depositors.
Paid Protection
- Users can now pay 10wS for a 24 hours of protection from wolves on their wallet.
- Users can pay 12 wS to extend their protection 24 hours if their protection has yet to wear off.
- Protection funds are used to buy SHEEP and reward sheep dog depositors.
Conclusion
Sheep Coin is a strategic blockchain game where players buy, sell, mint, and protect assets. Success depends on understanding the mechanics and building the right strategy.
Do you have what it takes to dominate the Sheep Coin ecosystem?